Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2025

Stock-Based Compensation

Summary of Stock Option Activity

Stock options outstanding under the 2024 Plan were as follows (in thousands, except per share amounts and years):

	Number of Options Outstanding			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (in Years)		Aggregate Intrinsic Value
Balance as of December 31, 2024		535		$	0.11		4.4	$	1,189
Exercised		(187	)	$	0.11
Balance as of June 30, 2025		348		$	0.11		4.6	$	481
Vested and expected to vest as of June 30, 2025		348		$	0.11		4.6	$	481
Exercisable as of June 30, 2025		344		$	0.11		4.6	$	476

Summary of RSUs Activity

RSUs under the 2024 Plan were as follows (in thousands, except per share amounts):

	Number of RSUs Outstanding			Weighted Average Grant Date Fair Value
Balance as of December 31, 2024		1,214		$	3.59
Granted		211		$	1.56
Vested and released		(237	)	$	2.82
Cancelled		(7	)	$	3.16
Balance as of June 30, 2025		1,181		$	3.38

Schedule of Stock-Based Compensation Allocation

The following table summarizes stock-based compensation included in the Company’s unaudited condensed consolidated statements of operations (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Cost of revenues		18		—		29		—
Research and development		215		128		361		254
Sales and marketing		45		36		79		72
General and administrative		234		159		554		1,220
Total	$	512	$	323	$	1,023	$	1,546